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News

GDP flash estimate: the economy grew by 2.1% in Q2

Estonians’ assessment of the economy has improved, while confidence in the construction and trade sectors somewhat declined

In May, there were 5% more accommodated tourists than the year before

HICP flash estimate: prices down by 0.4% in June

In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly

The number of international students decreased last year but their tax contribution increased

According to Statistics Estonia, in the academic year 2024/25, international students studying and working in Estonia contributed 16.6 million euros in taxes. In the same period, international graduates of the academic year 2023/24 contributed 7.5 million euros as labour taxes in Estonia. Throughout the analysed period (2017–2025), international students and graduates have contributed over 317 million euros in taxes in Estonia.

The share of innovative enterprises in Estonia is growing

According to Statistics Estonia, 65% of Estonian enterprises have introduced product or process innovations. The share of innovative enterprises is the highest in financial and insurance activities and in information and communication.

Latest business and consumer survey results published by Statistics Estonia

On 26 May, Statistics Estonia published for the first time the results of the surveys that measure consumers’ and enterprises’ economic confidence. The data are published in the statistical database.

Statistics Estonia starts monitoring consumers’ and enterprises’ economic confidence: each response matters

On 4 May, Statistics Estonia begins the economic sentiment surveys that show how secure Estonian residents feel financially and how enterprises see the future of their business activities.

In September, the increase in industrial production accelerated

According to Statistics Estonia, in September 2014, the production of industrial enterprises rose 4% compared to September of the previous year. The production increased in manufacturing, but decreased in mining and energy.

Stable growth in retail sales continued in September

According to Statistics Estonia, in September 2014 compared to September of the previous year, the retail sales of goods of retail trade enterprises increased 6% at constant prices.

Changes in the Economy and Labour Market

Kairiin Kütt wins the young statistician’s grant

Today, on 21 October, the Director General of Statistics Estonia Mr Andres Oopkaup presented Ms Kairiin Kütt with the Albert Pullerits young statistician’s grant.

The construction price index took an upturn again

According to Statistics Estonia, in the 3rd quarter of 2014, the construction price index changed 0.3% compared to the 2nd quarter of 2014 and -0.2% compared to the 3rd quarter of 2013.

In September, the producer price index of industrial output increased compared to August

According to Statistics Estonia, in September 2014, the producer price index of industrial output changed by 0.2% compared to August 2014 and by -2.0% compared to September 2013.

Estonian agriculture is characterised by large holdings and the maintenance of permanent grassland

According to the final results of the 2013 Farm Structure Survey, there were 19,200 agricultural holdings in Estonia, of which nearly 1,000 largest ones produce more than three-quarters of standard output, announces Statistics Estonia. At the same time, there are 4,500 agricultural holdings which do not produce agricultural products but only maintain their lands in good agricultural and environmental condition.

In August, fewer tourists stayed in accommodation establishments than in the same month a year ago

According to Statistics Estonia, 379,000 tourists stayed in accommodation establishments in August, which was 2% less than in August of the previous year. The number of foreign tourists decreased and the number of domestic tourists increased.

In August foreign trade decreased

According to Statistics Estonia, in August 2014, exports of goods decreased by 3% and imports by 6% at current prices compared to August of the previous year. The decrease in exports and imports was mostly influenced by the trade of mechanical appliances, electrical equipment and agricultural products and food preparations.

The consumer price index fell for the third consecutive month

According to Statistics Estonia, the change of the consumer price index in September 2014 was -0.2% compared to August 2014 and -0.6% compared to September of the previous year.

In August, the growth in retail sales decelerated a little

According to Statistics Estonia, in August 2014 compared to August of the previous year, the retail sales of goods of retail trade enterprises increased 7% at constant prices. In July, the retail sales increased 9% compared to the same month of the previous year, whereas in August the retail sales growth decelerated a little.

In August, the increase in industrial production continued

According to Statistics Estonia, in August 2014, the production of industrial enterprises rose 3% compared to August of the previous year. The production increased in manufacturing, while in mining and energy the production decreased.